SEGUIN,
Texas, Dec. 4, 2024 /PRNewswire/ -- Alamo Group
Inc. (NYSE: ALG) today announced that it has expanded the
membership of its Board of Directors from eight to nine members and
has appointed Colleen Haley as a new
independent member of the Board effective December 4, 2024.
Ms. Haley, 57, has been Chief Executive Officer of Quality
Metalcraft/Experi-Metal, Inc. ("QMC-EMI") since March 2021. Based in Livonia, Michigan, QMC-EMI is a leading metal
fabrication company serving the automotive, commercial vehicle,
aerospace, and defense industries. Prior to her role with QMC-EMI,
Ms. Haley was Group VP, Operations, with Parker Hannifin
Corporation from 2016 to 2021. From 2000 to 2016, Ms. Haley held
various senior managerial positions with Yazaki Corporation,
including leading Yazaki's business in South America. From 1991 to 1995, Ms. Haley
held managerial positions with ALCOA, and from 1995 to 2000, with a
joint venture, Alcoa Fujikura Ltd. Ms. Haley holds both a Bachelor
of Science and Master of Science from Michigan
State University.
Rick Parod, Alamo Group's
Independent Board Chair, said "Colleen brings valuable global
experience gained working in various managerial positions with
several sophisticated companies. Her career has progressed through
a variety of strategy, commercial, operational, and human resources
functional roles prior to her managerial roles, giving her a broad
perspective that will be an asset to the Board. We are extremely
pleased that Colleen has joined Alamo Group's Board."
About Alamo Group
Alamo Group is a leader in the design, manufacture,
distribution, and service of high-quality equipment for vegetation
management, infrastructure maintenance and other applications. Our
products include truck and tractor mounted mowing and other
vegetation maintenance equipment, street sweepers, snow removal
equipment, excavators, vacuum trucks, other industrial equipment,
agricultural implements, forestry equipment and related
after-market parts and services. The Company, founded in 1969, has
approximately 4,000 employees and operates 28 plants in
North America, Europe, Australia, and Brazil as of September
30, 2024. The corporate offices of Alamo Group Inc. are
located in Seguin, Texas.
Forward Looking Statements
This release contains forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which
may cause the Company's actual results in future periods to differ
materially from forecasted results. Among those factors which could
cause actual results to differ materially are the following:
adverse economic conditions which could lead to a reduction in
overall market demand, supply chain disruptions, labor constraints,
increasing costs due to inflation, disease outbreaks, geopolitical
risks, including effects of the war in the Ukraine and the Middle East, competition, weather,
seasonality, currency-related issues, and other risk factors listed
from time to time in the Company's SEC reports. The Company does
not undertake any obligation to update the information contained
herein, which speaks only as of this date.
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SOURCE Alamo Group Inc.